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Controls on agents 'not sufficient'

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CONTROLS on real estate agents would be based on a ''negative licensing system'' - but legislators and agents said more needed to be done.

The acting Secretary for Planning, Environment and Lands, Canice Mak Chun-fong, said a negative licensing system, which disqualified unscrupulous agents, was a cheap and easy option.

''Under a positive licensing system, all estate agents have to have a licence in order to practice,'' he said.

''Under a negative system, anyone may practise as an estate agent provided he follows the regulations prescribing the obligations for estate agents.

''He will be disqualified from further practising only when he breaches the provisions,'' he said.

Mr Mak said the industry should be given time to improve itself before positive licensing was introduced.

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